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Updated 12 months ago on . Most recent reply

User Stats

23
Posts
15
Votes
Jacob Lopez
  • New to Real Estate
  • Chicago, IL
15
Votes |
23
Posts

Tools/programs you recommend for calculating monthly rental estimates?

Jacob Lopez
  • New to Real Estate
  • Chicago, IL
Posted

Hello once again BP Community! 

I have been diligently reading, studying, and beginning to practice analyzing cash flows of properties within Chicago and some Chi suburban areas.

While I try to use whatever tools I have at my disposal and also be conservative with my numbers while analyzing properties (vacancy percentage, expenses, etc) I believe that in some areas of my analyses, I may not be getting the most accurate information.

For everyone out there, where do you get your rental estimates by location? I currently use the US Dept of Housing for rent by zip code. 

Thanks ! 

Most Popular Reply

User Stats

106
Posts
67
Votes
Forrest T Schue
  • Investor
67
Votes |
106
Posts
Forrest T Schue
  • Investor
Replied

A tool that I've downloaded recently and like to far is DealCheck. It has a pretty good analysis program for rentals, flips and brrrr's. Might be worth a look. 

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